Settings8H · net · $10k
Funding arb · Price arb /

GENIUS

all GENIUS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin−0.033%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$377as in the Funding arb table
Net, price: spread back to 7d avg − costs−$391as in the Price arb table
costs, in and out, $10k−$3853.853% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.085%+$8 on $10k
Price spread, last 7 days+0.008%+$1 · spread now −0.033%, 7d avg +0.028%
Together, before fees+0.093%+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.061% cheaper against KuCoin than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GENIUSUSDTM0.36070.0100pay 0.0050% / 4h3h 39m$562K$1.8M20x
ShortBybit GENIUSUSDT0.36060.0100get 0.0050% / 4h3h 39m$1.6M$2.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.033% → +0.028%
−$6.14
Slippage, 4 orders
−$362.32
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$391.46
Costs to cover
3.853%
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 min ago; Bybit: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 7 min ago8.46 bp125.1 bp −$125doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago2.77 bp82.3 bp −$82234.9 bp −$2,349doesn't fitdoesn't fit

GENIUS on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit GENIUSUSDTshort+0.0100%4h0.3606−0.033%$1.6M$2.3M25x
Gate GENIUS_USDT+0.0100%4h0.3606−0.033%$250K$446K20xas long as short
KuCoin GENIUSUSDTMlong+0.0100%4h0.3607long leg$562K$1.8M20x
Bitget GENIUSUSDT+0.0100%4h0.3604−0.078%$761K$1.1M20xas long as short
Variational Omni GENIUS+0.0100%4h0.3611+0.104%$95K$106Kas long as short
SunX GENIUS-USDT+0.0100%4h0.3603−0.116%$1K$531K20xas long as short
Extended GENIUS-USD+0.0136%1h0.3608+0.036%$3K$176K5xas long as short
BingX GENIUS-USDT+0.0136%4h0.3607−0.006%$1.7Mas long as short
Binance GENIUSUSDT+0.0139%4h0.3609+0.050%$8.8M$16.3M50xas long as short
MEXC GENIUS_USDT+0.0140%4h0.3609+0.050%$471K$313K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin GENIUS-USDT+0.0158%4h0.3613+0.161%$480K$23K50xas long as short
Aster GENIUSUSDT+0.0504%4h0.3613+0.161%$260K$503K20xas long as short